Jenkins was hoping to take Goodfellow on a free transfer and fully expected the winger to sign for nothing at the end of his loan deal. However, he has also admitted that it makes good business sense for the League One outfit to command a fee - but that Swansea "will not be held to ransom".
The Chairman also insists that if the deal is not right, then Swansea will look at other potential transfer targets to add further competition to the left side of midfield. Goodfellow originally signed for Bristol City for around £50k from Stoke in January and it is fully expected that the League One side will be demanding a similar fee from Swansea.